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Real Estate Prices & Overview

Mount Pleasant median real estate price is $1,163,830, which is more expensive than 63.7% of the neighborhoods in the District Of Columbia and 86.3% of the neighborhoods in the U.S.

The average rental price in Mount Pleasant is currently $3,472, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.7% of the neighborhoods in the District Of Columbia.

Mount Pleasant is a densely urban neighborhood (based on population density) located in Washington, District Of Columbia.

Mount Pleasant real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Mount Pleasant neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Mount Pleasant are 4.8%, which is lower than one will find in 66.4% of American neighborhoods. Demand for real estate in Mount Pleasant is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Washington, the Mount Pleasant neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

A unique way of commuting is simply not to. And in the Mount Pleasant neighborhood, analysis shows that 46.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.7% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 4.0% of residents in the Mount Pleasant neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 97.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Finally, our research revealed that more commuters here take the bus to work (12.9% ride the bus) than 96.7% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Occupations

Executives, managers and professionals make up 82.6% of the workforce in the Mount Pleasant neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.4% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Furthermore, the government often provides some of the more stable jobs in the economy. From local, to state, to federal government workers, the government can also be a major employer. What NeighborhoodScout's analysis revealed, is that the Mount Pleasant neighborhood in particular stands out when compared nationally for the proportion of its working residents who are employed by the government. At 17.1% of its workforce, this neighborhood has a greater concentration of government workers than 98.2% of U.S. neighborhoods.

Real Estate

The Mount Pleasant neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 31,495 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Mount Pleasant neighborhood is one of the most walkable neighborhoods in America.

In addition, if you love row houses and attached homes, you will probably really like the Mount Pleasant neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 26.2% of the residential real estate here is classified as row houses and attached homes.

Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 76.8% of the residential real estate in the Mount Pleasant neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

People

Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 49.0% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 99.0% of U.S. neighborhoods, where the average American neighborhood has 13.7% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.

In addition, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Mount Pleasant neighborhood: a neighborhood in which more "urban sophisticates" live than 98.8% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Mount Pleasant neighborhood has a highly unusual pattern of car ownership. 24.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.1% of U.S. neighborhoods.

Diversity

Did you know that the Mount Pleasant neighborhood has more Eastern European and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.5% of this neighborhood's residents have Eastern European ancestry and 9.4% have South American ancestry.

Mount Pleasant is also pretty special linguistically. Significantly, 4.3% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Mount Pleasant neighborhood in Washington are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 90.1% of the neighborhoods in America. In addition, 1.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 78.1% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Mount Pleasant neighborhood, 82.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is government jobs, whether they are in local, state, or federal positions, with 17.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.8%), and 5.7% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Mount Pleasant neighborhood is English, spoken by 62.1% of households. Other important languages spoken here include Spanish and French.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Mount Pleasant neighborhood in Washington, DC, residents most commonly identify their ethnicity or ancestry as German (10.7%). There are also a number of people of English ancestry (9.9%), and residents who report South American roots (9.4%), and some of the residents are also of Irish ancestry (8.5%), along with some Asian ancestry residents (5.8%), among others. In addition, 19.6% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Mount Pleasant neighborhood spend between 15 and 30 minutes commuting one-way to work (46.7% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (18.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.9%) and 9.1% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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